Member Info for Bermudashorts

Indeed you did! video has been uploaded to youtube re. modular homes. Pretty impressive https://www.youtube.com/watch?v=EKAHN6bf1Ho ...........and a small mention in the Mail http://www.thisismoney.co.uk/money/markets/article-2833504/MARKET-REPORT-Canary-Wharf-expected-gobbled-consortium-rumours-rife-trophy-London-property-development-soon-changing-hands.html

Sounds good:- "we expect to announce further contract awards for 2015 in the near future"

Berkeley Wins Approval for 68-Story Canary Wharf Tower http://www.bloomberg.com/news/2014-11-06/berkeley-wins-approval-for-68-story-canary-wharf-tower.html

http://www.investegate.co.uk/berkeley-grp-hlds--bkg-/rns/joint-venture-with-national-grid/201411070700073975W/

Agree - it's a good solid share with bags of potential. Not one for trading though and perhaps that's why the bb is so quiet. I have just tucked mine away and keep half an eye on them but nice to see a good rise today.

No idea - but nice article in The Times yesterday http://www.thetimes.co.uk/tto/business/entrepreneur/article4248572.ece

Always good to see director buys http://www.investegate.co.uk/berkeley-grp-hlds/bkg/director-pdmr-shareholding/201410011308311674T/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=Berkeley Grp Hlds%20Alert

Half year results - Revenue up 192% and underlying operating profit by 212% http://www.investegate.co.uk/mar-city-plc--mar-/rns/half-yearly-report/201409160700127379R/

Good solid interim statement "A further 180 pence per share is payable as dividends in order to meet the first milestone of paying 434 pence per share by September 2015. The Board has previously indicated that it will aim to make regular dividend distributions where conditions permit and is on track to meet this commitment. Looking to the next milestone of 433 pence per share in September 2018, the Board intends to meet a proportion of this through regular dividend payments, where market conditions permit." http://www.investegate.co.uk/berkeley-grp-hlds--bkg-/rns/interim-management-statement/201409010700154304Q/

5 trades in one week. A veritable flurry of activity.

The rating from Numis is an error. They actually put a buy rating and target of 35p on Berkeley Resources (BKY) not BKG!

Solid interims http://www.investegate.co.uk/frenkel-topping-grp--fen-/rns/interim-results/201407210700077941M/ "The Board views the future with considerable optimism"

Very positive update "Mar City is delighted to report that it has made excellent progress in the first half of the year, successfully executing its strategy of delivering high quality new homes in its core geographies of the Midlands, London and the South East. During the period the Company has delivered further significant growth, with completions tracking comfortably in line with internal budgets and we have increasing confidence for the full year as we move into the second half." http://www.investegate.co.uk/mar-city-plc--mar-/rns/trading-update/201406300700138319K/

Nice rise today. Deutsche Bank have reiterated their target price of 2877

Agree and of course Berkeley are much less reliant on the Help to Buy Scheme than other housebuilders:- "Whilst the Government's Help to Buy scheme has been helpful in bringing home ownership to within the reach of many more people, it has had limited benefit to Berkeley as a whole due to the proportion of its sales which are off-plan. On the 17 schemes where qualifying properties were available, it has supported some 36% of sales in the year, a total of 159 sales over the last twelve months" So only 159 sales out of a total of 3,742 - just over 4%. Housing demand in London and the southeast appears to be strong and the outlook for BKG very positive:- "With cash due on forward sales now approaching £2.3 billion and estimated gross margin in its land holdings now in excess of £3 billion"

Results · Basic earnings per share increased by 38.6% to 221.8 pence (2013: 160.0 pence) · Pre-tax return on equity of 27.5% (2013: 22.4%) · Net cash of £129.2 million (April 2013: net cash of £44.7 million) · Net asset value per share up 5.6% to 1,065.6 pence (April 2013: 1,009.1 pence) · Dividends of 149 pence per share (£195.2 million) paid to shareholders in the year http://www.investegate.co.uk/berkeley-grp-hlds--bkg-/rns/final-results/201406180700098670J/

Excellent RNS:- "We are delighted with the progress already made this year and foresee further strong progress in the Company's trading performance in the second half as we benefit from the high levels of interest in Mar City's open market sales developments. "

Rarely look in on the bb (as you say it's quiet!). Did you buy?

Yep a good day for housebuilders - have a couple in my portfolio and both nicely in the blue today

Released yesterday "Berkeley Group today becomes the first British housebuilder to be awarded the Queen's Award for Sustainable Development twice" http://www.berkeleygroup.co.uk/index.cfm?articleID=5656 Interesting "The Berkeley Group will shortly be announcing a set of new business commitments as part of its rolling 10 year plan."